NASDAQ:ZS

Zscaler - ZS Stock Forecast, Price & News

$174.81

-8.11 (-4.43%)

(As of 10/7/2022 12:03 PM ET)

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Today's Range: $174.10
▼
$179.51
50-Day Range: $145.03
▼
$193.60
52-Week Range: $125.12
▼
$376.11

Volume: 37,901 shs
Average Volume: 3.04 million shs
Market Capitalization: $25.01 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $230.18

Zscaler MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.76 Rating Score
Upside/Downside: 28.5% Upside
$230.03 Price Target
Short Interest: Bearish
8.35% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.86
Upright™ Environmental Score
News Sentiment: 0.31
Based on 14 Articles This Week
Insider Trading: Selling Shares
$28.81 M Sold Last Quarter
Proj. Earnings Growth: Decreasing
From ($2.17) to ($2.20) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.46 out of 5 stars

Computer And Technology Sector

190th out of 633 stocks

Custom Computer Programming Services Industry

13th out of 28 stocks

4.4

Analyst's Opinion

Consensus Rating
Zscaler has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 27 buy ratings, 7 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $230.03, Zscaler has a forecasted upside of 28.5% from its current price of $179.00.
Amount of Analyst Coverage
Zscaler has been the subject of 21 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
8.35% of the float of Zscaler has been sold short.
Short Interest Ratio / Days to Cover
Zscaler has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Zscaler has recently increased by 16.45%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Zscaler does not currently pay a dividend.
Dividend Growth
Zscaler does not have a long track record of dividend growth.

3.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Zscaler has received a 46.53% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Cybersecurity assesment software", "Firewall software", and "Secure connectivity software" products. See details.
Environmental Sustainability
The Environmental Impact score for Zscaler is -0.86.

2.4

News and Social Media Coverage

News Sentiment
Zscaler has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Zscaler this week, compared to 9 articles on an average week.
Search Interest
57 people have searched for ZS on MarketBeat in the last 30 days. This is an increase of 78% compared to the previous 30 days.
MarketBeat Follows
Only 43 people have added Zscaler to their MarketBeat watchlist in the last 30 days. This is a decrease of -4% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Zscaler insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $28,809,807.00 in company stock.
Percentage Held by Insiders
20.30% of the stock of Zscaler is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
45.51% of the stock of Zscaler is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Zscaler are expected to decrease in the coming year, from ($2.17) to ($2.20) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Zscaler is -64.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Zscaler is -64.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Zscaler has a P/B Ratio of 44.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. operates as a cloud security company worldwide. It offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds. The company also provides Zscaler Digital Experience that measures end-to-end user experience across business applications, as well as provides an easy to understand digital experience score for each user, application, and location within an enterprise. In addition, it offers Posture Control solutions comprising Cloud Security Posture Management that identifies and remediates application misconfigurations in SaaS, infrastructure as a service, and PaaS to reduce risk and ensure compliance with industry and organizational benchmarks; Cloud Infrastructure Entitlement Management that detects and remediates excessive or unused cloud permissions and enforces least privileged access without disrupting productivity; Infrastructure as Code (IaC), which analyzes IaC templates to identify misconfigurations and other security issues prior to deployment to cloud infrastructure; and Vulnerability Scanning and Data Loss Prevention solutions. The company's platform modules include Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Log Servers. It serves customers in airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, technology, and telecommunications services industries. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.

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ZS Stock News Headlines

September 13, 2022 | marketbeat.com

The Two Things You Need To Know About Oracle’s FQ1 Report (ZS)

Oracle's CQ3 report reveals two things about the market that investors need to know before the Q3 reporting season hits its peak.

September 9, 2022 | marketbeat.com

Prepare For A Record-Setting Quarter For Cyber Security Stocks

Shares of Zscaler are on the rise and in reversal following a deep correction that grossly underestimated the company and sector strength.

October 7, 2022 | nasdaq.com

Nasdaq Bear Market: 2 Amazing Growth Stocks to Buy in October and Hold Forever - Nasdaq

October 6, 2022 | benzinga.com

Where Zscaler Stands With Analysts - Zscaler (NASDAQ:ZS) - Benzinga

October 6, 2022 | benzinga.com

Expert Ratings for Zscaler - Zscaler (NASDAQ:ZS) - Benzinga

October 3, 2022 | benzinga.com

Moderna, Zscaler And This Biotechnology Stock Insiders Are Selling - AlloVir (NASDAQ:ALVR), Moderna (NASD - Benzinga

October 3, 2022 | americanbankingnews.com

Zscaler, Inc. (NASDAQ:ZS) COO Dali Rajic Sells 20,000 Shares

October 2, 2022 | seekingalpha.com

Snowflake, Zscaler, Cloudflare, Atlassian, Datadog most at risk software names: Jefferies - Seeking Alpha

September 29, 2022 | globenewswire.com

Zscaler Acquires ShiftRight to Integrate Security Workflow Automation Technology into the Zero Trust Exchange Platform - GlobeNewswire

September 29, 2022 | finance.yahoo.com

Zscaler Acquires ShiftRight to Integrate Security Workflow Automation Technology into the Zero Trust Exchange Platform

September 27, 2022 | benzinga.com

Zscaler Whale Trades Spotted - Zscaler (NASDAQ:ZS) - Benzinga

September 26, 2022 | globenewswire.com

Zscaler's 2022 VPN Report: As VPN Exploits Grow, 80 Percent of Organizations Shift Towards Zero Trust Security - GlobeNewswire

September 21, 2022 | benzinga.com

Looking Into Zscaler's Recent Short Interest - Zscaler (NASDAQ:ZS) - Benzinga

September 20, 2022 | benzinga.com

Zscaler Whale Trades For September 20 - Zscaler (NASDAQ:ZS) - Benzinga

September 20, 2022 | finance.yahoo.com

Zscaler Announces Deeper Integrations with CrowdStrike to Enable Superior Threat Detection for Zero Trust Security

September 20, 2022 | businesswire.com

Deep Instinct Appoints Former Palo Alto CEO and Zscaler COO Lane Bess as CEO - Business Wire

September 20, 2022 | finance.yahoo.com

Will Zscaler (ZS) Gain on Rising Earnings Estimates?

September 15, 2022 | seekingalpha.com

Jefferies weighs in on security with new views on Fortinet, Okta and Zscaler (NASDAQ:FTNT) - Seeking Alpha

September 15, 2022 | fool.com

Is Zscaler Stock a Buy Despite Stock-Based Compensation Issues? - The Motley Fool

September 15, 2022 | finance.yahoo.com

Is Zscaler Stock a Buy Despite Stock-Based Compensation Issues?

September 14, 2022 | nasdaq.com

Should You Think About Buying Zscaler, Inc. (NASDAQ:ZS) Now? - Nasdaq

September 14, 2022 | benzinga.com

Zscaler (NASDAQ:ZS) – Zscaler Whale Trades For September 14 - Benzinga

September 14, 2022 | finance.yahoo.com

Why Zscaler (ZS) is a Top Momentum Stock for the Long-Term

September 14, 2022 | finance.yahoo.com

How Much Upside is Left in Zscaler (ZS)? Wall Street Analysts Think 27%

September 14, 2022 | seekingalpha.com

Zscaler, Inc. (ZS) Management Presents at Goldman Sachs Communacopia + Technology Conference 2022 Call Transcript - Seeking Alpha

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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ZS Company Calendar

Last Earnings: 9/08/2022
Today: 10/07/2022
Next Earnings (Estimated): 11/29/2022
Fiscal Year End: 7/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Custom computer programming services
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:ZS
CUSIP: N/A
CIK: 1713683
Web: www.zscaler.com
Phone: (408) 533-0288
Fax: N/A
Employees: 4,975
Year Founded: 2007

Price Target and Rating

Average Stock Price Forecast: $230.03
High Stock Price Forecast: $350.00
Low Stock Price Forecast: $175.00
Forecasted Upside/Downside: +31.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.76
Research Coverage: 36 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.77)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-390,280,000.00
Net Margins: -35.77%
Pretax Margin: -35.17%
Return on Equity: -55.59%
Return on Assets: -12.03%

Debt

Debt-to-Equity Ratio: 1.69
Current Ratio: 1.99
Quick Ratio: 1.99

Sales & Book Value

Annual Sales: $1.09 billion
Price / Sales: 22.92
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $4.04 per share
Price / Book: 43.27

Miscellaneous

Outstanding Shares: 143,050,000
Free Float: 114,012,000
Market Cap: $25.01 billion
Optionable: Optionable
Beta: 0.96

Social Links

Key Executives

Mr. Jagtar Singh Chaudhry (Age 63)
Co-Founder, CEO & Chairman
Comp: $23.66k

Dr. Amit Sinha Ph.D. (Age 45)
Pres & Director
Comp: $722.12k

Mr. Remo E. Canessa (Age 65)
Chief Financial Officer
Comp: $722.12k

Mr. Dali Rajic (Age 49)
Chief Operating Officer
Comp: $925.08k

Mr. Robert S. Schlossman (Age 54)
Chief Legal Officer & Sec.
Comp: $554.45k

Mr. K. Kailash
Founder & Chief Architect

Ms. Praniti Lakhwara
Chief Information Officer

Mr. William Hyodong Choi C.F.A.
Sr. VP of Investor Relations & Strategic Fin.

Ms. Natalia Wodecki
Global PR Director

Mr. Chris Kozup
Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ZS Stock - Frequently Asked Questions

Should I buy or sell Zscaler stock right now?: 35 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last year. There are currently 1 sell rating, 7 hold ratings, 26 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ZS shares.
View ZS analyst ratings or view top-rated stocks.
What is Zscaler's stock price forecast for 2022?: 35 brokers have issued 12 month price targets for Zscaler's stock. Their ZS share price forecasts range from $175.00 to $350.00. On average, they predict the company's stock price to reach $230.31 in the next year. This suggests a possible upside of 25.9% from the stock's current price.
View analysts price targets for ZS or view top-rated stocks among Wall Street analysts.
How have ZS shares performed in 2022?: Zscaler's stock was trading at $321.33 at the beginning of the year. Since then, ZS shares have decreased by 43.1% and is now trading at $182.92.
View the best growth stocks for 2022 here.
When is Zscaler's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 29th 2022.
View our ZS earnings forecast.
How were Zscaler's earnings last quarter?: Zscaler, Inc. (NASDAQ:ZS) issued its quarterly earnings data on Thursday, September, 8th. The company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.05. The business earned $318.06 million during the quarter, compared to analysts' expectations of $305.54 million. Zscaler had a negative trailing twelve-month return on equity of 55.59% and a negative net margin of 35.77%. The business's revenue for the quarter was up 61.4% on a year-over-year basis. During the same quarter last year, the firm earned ($0.48) earnings per share.
What guidance has Zscaler issued on next quarter's earnings?: Zscaler issued an update on its first quarter 2023 earnings guidance on Thursday, October, 6th. The company provided earnings per share (EPS) guidance of $0.26-$0.26 for the period, compared to the consensus estimate of $0.22. The company issued revenue guidance of $339.00 million-$341.00 million, compared to the consensus revenue estimate of $324.84 million.
What is Jay Chaudhry's approval rating as Zscaler's CEO?: 684 employees have rated Zscaler Chief Executive Officer Jay Chaudhry on Glassdoor.com. Jay Chaudhry has an approval rating of 97% among the company's employees. This puts Jay Chaudhry in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Zscaler own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Block (SQ), Okta (OKTA), Salesforce (CRM), DocuSign (DOCU), Alibaba Group (BABA), Trade Desk (TTD), Zoom Video Communications (ZM), Twilio (TWLO) and CrowdStrike (CRWD).
When did Zscaler IPO?: (ZS) raised $110 million in an initial public offering (IPO) on Friday, March 16th 2018. The company issued 10,000,000 shares at $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers.
What is Zscaler's stock symbol?: Zscaler trades on the NASDAQ under the ticker symbol "ZS."
Who are Zscaler's major shareholders?: Zscaler's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Red Spruce Capital LLC (0.01%). Insiders that own company stock include Ajay Mangal, Alan H Auerbach, Amit Sinha, Andrew William Fraser Brown, Dali Rajic, Jagtar Singh Chaudhry, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman.
View institutional ownership trends.
How do I buy shares of Zscaler?: Shares of ZS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Zscaler's stock price today?: One share of ZS stock can currently be purchased for approximately $182.92.
How much money does Zscaler make?: Zscaler (NASDAQ:ZS) has a market capitalization of $26.17 billion and generates $1.09 billion in revenue each year. The company earns $-390,280,000.00 in net income (profit) each year or ($2.77) on an earnings per share basis.
How many employees does Zscaler have?: The company employs 4,975 workers across the globe.
How can I contact Zscaler?: Zscaler's mailing address is 120 HOLGER WAY, SAN JOSE CA, 95134. The official website for the company is www.zscaler.com. The company can be reached via phone at (408) 533-0288 or via email at ir@zscaler.com.

This page (NASDAQ:ZS) was last updated on 10/7/2022 by MarketBeat.com Staff

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Zscaler - ZS Stock Forecast, Price & News

Zscaler MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows